One, how to conveniently and quickly buy coins on exchanges and get the cheapest USDT?
OTC merchants, like retail investors, also fear receiving dirty money. Merchants with stricter reviews tend to offer lower prices, but the probability of receiving dirty money is also lower. If a merchant requests reasonable AML (Anti-Money Laundering) and KYT (Know Your Transaction) checks, you should actively cooperate and can refer to the following indicators to submit materials:
1.1. The longer the funds are stagnant, the better, with a minimum of 15 days.
1.2. Recent transaction flows in the account should not be too frequent; the less the inflow and outflow, the better.
1.3. There are records of normal consumption expenditures, such as utility bills, etc.
1.4. Clearly state the legal sources of funds, and transaction flows should be displayed, such as salary income, loan funds, company dividend income, and securities withdrawal funds, etc.
1.5. Bonus points include having funds in the account for purchasing fixed-term financial products.
1.6. Show the spot contract currency holdings, trading records, and exchange fee levels.
1.7. The exchange's first transaction time is more than 365 days, and the OTC trading area has no less than six transactions. In summary, merchants prefer clean funds and genuine trading users, especially old users.
Two, which OTC trading exchange is safer?
First choice is to trade on top exchanges like Binance and OKEx, as many local officers often interact with these two exchanges due to law enforcement needs. At least in the eyes of the officers, they are legitimate virtual currency exchanges. Remember to strictly screen merchants; you can refer to the following screening indicators:
2.1. Merchant levels: The security deposit for large advertising merchants is 100,000 USDT. The platform strictly selects experienced and certified high-volume trading advertisers. The Shield advertising merchant's deposit is 30,000 USDT, providing limited compensation for accounts frozen due to specific reasons.
2.2. Registration time (at least three years) C. Number of transactions: (merchants with only sell orders or only buy orders are not considered normal merchants relying on profit margins; instead, consider those with many buy and sell orders. The more total orders, the better, but avoid merchants with few transactions in the last 30 days, as they may be inactive, and their funds may be stagnant, making it safer the longer they are stagnant).
2.3. Real-name payment (if the merchant does not conduct real-name payments, regardless of their reasons, please directly cancel the transaction. If the merchant has transferred funds, please return the funds via the original route and immediately contact the platform's customer service to file a complaint).
2.4. Payment funds must be from deposit financial loan bank securities funds, and must be stagnant funds. When selling coins, you can review the merchant's transaction flow to prove the safety of the fund source. The merchant and user are equal; the merchant can review the user's funds, and the user can also review the merchant's funds. The platform also allows and supports this.
2.5. Keep transaction completion records (try to complete conversations with merchants in the order window, save text exchanges and payment screenshots on the platform, as this is the best evidence to protect yourself).
Three, should you trade with strangers who contact you through social platforms?
3.1. If the other party contacts you through a VX group chat, especially through Telegram social software for offline transactions, offering high prices to buy your coins, they are either black funds needing laundering or trying to scam you for your coins. Encountering money laundering could lead to card freezing and refunds at best or being taken away by the officer for questioning at worst, as offline transactions lack transaction orders, and many transaction details cannot be clearly explained. Without sufficient evidence to prove your innocence, you will be viewed as a key suspect in the officer's eyes.
Four, how long will the funds remain in the account before they are frozen?
Due to the decentralization, anonymity, privacy, global reach, and borderless nature of virtual currencies, they are favored by money laundering criminals, leading to many dirty funds flowing into the crypto space, which increases the probability of card freezes. The black funds in the market are mainly divided into these categories:
4.1. Fleet money laundering funds, telecom fraud funds, online gambling funds, online pyramid schemes, drug transaction funds, etc. Different types of cases lead to different case filing times, involved funds, and freezing durations. As long as you find reliable and safe OTC merchants, you can avoid freeze incidents with a 99.99% certainty.
Five, how to lift bank control restrictions and freezes when withdrawing funds?
The bank's anti-fraud model is triggered and divided into four levels:
5.1. Triggering bank models gab1 and gab2, the bank card account is suspended from non-counter transactions. The account can receive and make payments, but transfers need to be processed at the bank counter. To lift the non-counter restriction, you must submit documents to the bank explaining the source and expenditure of the funds. If you can normally submit documents proving the legality of the source and expenditure of the funds, the non-counter restriction can be lifted. However, if the restrictions were triggered by trading virtual currencies, you certainly cannot tell the bank that you are trading virtual currencies; you must think of other ways. For example, if you have a friend in the bank, you can take a green channel to directly lift the restriction, or submit regular business contract documents, and generally, there shouldn't be much problem lifting the restrictions.
5.2. Triggering bank models gab3 and gab4, with abnormal transaction flows and frequent transactions, leads to the bank card account being controlled and frozen. The account can only receive but not pay. Your bank may not have the authority to unfreeze it. You must first submit documents to the bank explaining the source and destination of the funds. If the freeze was caused by trading on an exchange, explain the situation honestly. Don't be afraid to say you are trading coins; legally, buying and selling coins is not illegal. At this point, you can only abandon the card to unfreeze the funds, print every transaction order record of the sale, along with chat records with the merchant, screenshots of the payments received, and the transaction platform's website and introduction, and submit all to the bank staff for review. If the bank's internal review eliminates your suspicion of fraud and money laundering, they will notify you to fill out a (Fraud Risk Account Review Form) at the bank, complete it, and take your ID to your local anti-fraud center. The police will carefully review your bank statements and check internally whether you are involved in the case. If confirmed that you are not involved in fraud, the staff will stamp your (Fraud Risk Account Review Form) to prove you are a law-abiding citizen. After that, take the stamped (Fraud Risk Account Review Form) to your bank, which will submit your information for review and unfreeze by the provincial headquarters. This will take about half a month, and your funds will be unfrozen. You will receive a notification to go cancel the card and withdraw the money.
Six, how to unfreeze judicially frozen bank cards during fund withdrawals?
Judicial freezing can be divided into two situations:
6.1. Temporary stop payment freeze lasts for 3 days. Generally, after the complainant reports to the police, there is no way to immediately file a case, so a temporary stop payment is done before filing the case. After the case is filed, the account will be frozen. If no case is filed within 3 days, the stop payment will be automatically lifted after the 3-day period. Remember to transfer the money out immediately after unfreezing to avoid a second freeze.
6.2. Directly filed cases have a minimum freeze period of 6 months. If the case is not concluded by the end of that period, it can continue to be frozen. To know specific freezing information, go to the bank or your account bank to inquire with bank staff. They will inform you where the police have frozen the account, the freeze period, and the contact details of the officer. If there are no contact details, call the local emergency number 110 or the city mayor's hotline 12345 to inquire.
6.3. Freezing by the unit may involve freezing in one location or multiple locations simultaneously; multiple locations being frozen indicate involvement in a financing scheme or pig-butchering scheme, with victims being users from all over the country.
6.4. The frozen cards involved are classified according to the level of involvement in the case, divided into level one, level two, and level three cards...
6.5. Level one card freezing involves directly receiving scam funds from the victim. If you receive funds from selling coins on an exchange, it is a level one card involved in the case. The coin merchant is definitely not doing real-name payments and may use your card to connect to the scam platform, with scam funds directly deposited into your card. At this point, you will feel more wronged than Dou E. If this happens, remember to contact the local officer immediately; they will usually notify you to prepare some documents, generally your ID, the bank statement of the receiving card, the source of funds, and proof of transactions with others. Bring these documents to the freezing officer's location, cooperate with their investigation, and once they eliminate your suspicion of fraud, they will allow you to contact the victim to negotiate a partial refund of the funds, the specific ratio can be negotiated, and only after friendly negotiation with the victim will the officer proceed to unfreeze your account.
6.6. Level two and level three card freezing means that as long as it is not subjectively known that the source of the money is problematic, and proper KYC (Know Your Customer), KYT (Know Your Transaction), and AML (Anti-Money Laundering) checks are performed, submit these materials to the officer. Generally, the officer will not make things difficult for you. After all, China is a rule of law society. The unfreezing time will depend on the complexity of the case. In the first scenario, if the officer eliminates your suspicion of involvement, they will unfreeze your account early. In the second scenario, if your suspicion is eliminated, the freeze will not be extended after 6 months, and it will unfreeze naturally. In the third scenario, you will have to wait until the case is concluded for the unfreezing.
6.7. The most critical point is that if your card is frozen, do not think that the officer will not contact you proactively and leave it unattended, hoping that the card will automatically unfreeze. This is irresponsible for your funds. Not proactively cooperating to unfreeze may lead to several outcomes: funds being forcibly deducted and compensated to victims, being classified as a fugitive for not cooperating with investigations, or being taken away by the officer without prior notice after a freeze. Different places of freezing, different case handlers, and different handling methods can lead to different results. If the officer contacts you proactively, you need to cooperate with the investigation or respond to inquiries actively.
6.8. Some coin friends have never encountered card freezing before and have no experience in handling freezes. They worry about being detained for 37 days. If you are really concerned, you can hire a lawyer to handle it. Alternatively, you can contact the freezing officer to negotiate and communicate. You submit the materials to your local officer, and let them take a record for you, then the local officer will pass your record information to the officer in another area.
Seven, how to avoid being subjected to bank risk control when withdrawing funds?
You can refer to the following indicators to avoid risk control:
7.1. Preferably select one of the four major banks for receiving funds; try not to use commercial banks or local small banks for receiving, as their backend warning risk control models are stricter.
7.2. The receiving card should have normal expenditure flows, consumption records, a small balance, or have purchased bank financial products, meeting these conditions will classify you as a high-quality customer of the bank.
7.3. For selling coins and receiving payments, try to conduct transactions during weekdays; do not receive payments at night. Normal trading hours are between 8 AM and 8 PM.
7.4. Do not quickly move in and out of funds and avoid multiple transactions accumulating funds. A single large transfer or multiple rapid transfers will trigger the bank's risk control models.
7.5. Do not use mortgage cards, salary cards, or social security cards for buying and selling virtual currency. Whether it triggers bank risk control or judicial freezing, it will significantly impact your life.
Eight, which is safer for small and large amounts when withdrawing funds?
8.1. Dirty money does not distinguish between large and small amounts; whether it's one thousand, ten thousand, or a million, all will be frozen. The more frequently you sell coins, the more likely you are to receive dirty money. When needing to withdraw, select reliable OTC merchants according to your withdrawal needs; it is best to complete the sale in one transaction rather than splitting it into multiple transactions, as doing so will only increase the probability of receiving dirty money.
Nine, is offline cash trading and existing transfer safe?
Many people think cash is the safest, but it is actually the easiest to encounter problems:
9.1. Money laundering personnel from the fleet who receive scam funds will immediately withdraw cash from the bank and then look for target users to buy coins for laundering.
9.2. Gang robbery, counterfeit money for coins, fake wallets and counterfeit coins for money, cryptocurrency theft schemes (leading you to pre-arranged rooms with no blind spots and hidden cameras to obtain your private keys and passwords).
9.3. The cash in the ATM, if its upstream source is unknown, if the previous owner encounters issues, the officer will also trace the money's destination, and you will be implicated. Any deliberate attempt to evade investigations into the source and destination of funds, avoiding the officer's investigation into fund penetration and transaction evidence, will be treated as abnormal transactions, leading to presumed knowledge or possible knowledge of the cash counterpart's involvement in the case, constituting subjective awareness. Courts typically rule for aiding information network crime, money laundering, or concealing and hiding the proceeds of crime.
Ten, after the funds arrive, can I immediately repay loans, credit cards, buy fund investments, or transfer to a securities account to avoid freezing?
If there are such operations, it indicates fear that the funds transferred to you may have issues:
10.1. Repaying bank loans, WeChat micro-loan funds, and Alipay loan funds in the guise of using coin selling funds for consumption can lead to receiving dirty money. Although the card may only be frozen and not the funds, you may face the potential risk of being visited by the officer for investigation or being listed on blacklists for punitive measures and involved in cases.
10.2. Both credit cards and debit cards can be judicially frozen. If a credit card is frozen, you will be classified as a high-risk user by the bank, and your credit limit will be lowered.
10.3. Purchasing from third-party financial management companies and transferring funds to securities accounts can also lead to freezing. The officer can issue a freezing assistance letter to the financial management and securities companies to freeze your account. In summary, if you receive dirty money, trying to avoid freezing operations is a naive behavior. Do not doubt the officer's ability to handle cases.
Eleven, which is safer for receiving payments: bank cards, WeChat, or Alipay?
11.1. In practice, there is no safer payment channel; all can be judicially frozen and have internal risk control models. However, it is not recommended to use personal WeChat or Alipay for virtual currency transactions, as the big data risk control monitoring is very strict. Once virtual currency transactions are detected, WeChat will permanently restrict your payment collection function, and Alipay will impose restrictions on your account collection or even take permanent measures to limit collection.
Twelve, why is the payment account frozen when buying USDT?
If the money transferred to others is frozen, it is commonly known as reverse freezing. This situation can be divided into two types:
12.1. The other party's account is listed as a high-risk fraud card by the anti-fraud center, resulting in a protective temporary freeze to prevent you from continuing to send money and being scammed. This type of unfreezing can be done quickly by explaining the real transaction situation to the freezing officer, so there is no need to worry too much.
12.2. The other party's account is involved in a case, and the officer has initiated an investigation. Because your account has transferred money to the suspect, the officer is investigating the financial interactions between you and the suspect. Until your innocence is confirmed, freezing measures will be taken. The probability of reverse freezing is very low, and there is a luck component, but as long as you trade with reliable OTC merchants, who conduct real-name payments, you can completely avoid reverse freezing.
Thirteen, users needing to withdraw funds can contact KT Cat OTC, a reputable merchant with 6 years of experience, focused on reputation, a zero-freeze record, freezing compensation, providing lifelong service after one cooperation to ensure your safety, supporting order tracking of transactions, all (financial management, loans, stocks, fixed deposits) are safe fund payments, allowing you to withdraw funds without safety concerns.
13.1. Minimum limit: 50,000 RMB, no upper limit.
13.2. Transaction process: online order trading on Binance and OKEx platforms, with both parties conducting real-name bank card payments.
13.3. Receiving USDT price: a drop of 0.08.
13.4. Service scope: only receive USDT, do not sell USDT. Selling USDT is only through platform random matching transactions.
13.5. Safety commitment: freeze compensation; my legal team communicates and verifies with judicial authorities without errors. We will meet you offline within 7 days to sign a contract agreement, advance the frozen funds, and cover lawyer fees and legal team expenses for unfreezing. If unfreezing occurs, you need to return the advanced funds. If unfreezing cannot occur or funds are deducted, there is no need to return the advanced funds, and direct compensation will be provided.
